Par Technology ( (PAR) ) has released its Q3 earnings. Here is a breakdown of the information Par Technology presented to its investors.
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PAR Technology Corporation is a leading provider of foodservice technology solutions, offering a comprehensive platform that integrates point-of-sale, digital ordering, loyalty, back-office, payments, and hardware systems for restaurants and retailers worldwide.
In its latest earnings report for the third quarter of 2025, PAR Technology reported a significant increase in its financial metrics, showcasing a 23% rise in revenue compared to the same period last year. The company also highlighted the launch of PAR AI, an innovative intelligence layer designed to enhance its product suite.
Key financial highlights include an annual recurring revenue (ARR) growth of 22%, reaching $298.4 million, and a 25% year-over-year increase in quarterly subscription service revenues. Despite a net loss from continuing operations, the company improved its adjusted EBITDA by $3.4 million compared to the previous year. Additionally, the company reported stable subscription service gross margins.
Looking ahead, PAR Technology remains optimistic about its growth prospects, driven by its strategic focus on AI integration and a multi-product strategy aimed at capturing new market share and enhancing customer value.